Thompson Siegel & Walmsley LLC Has $795,000 Holdings in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Thompson Siegel & Walmsley LLC lessened its holdings in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) by 84.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,500 shares of the financial services provider's stock after selling 24,900 shares during the quarter. Thompson Siegel & Walmsley LLC's holdings in Interactive Brokers Group were worth $795,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. KG&L Capital Management LLC raised its position in shares of Interactive Brokers Group by 2.5% in the fourth quarter. KG&L Capital Management LLC now owns 2,425 shares of the financial services provider's stock valued at $428,000 after purchasing an additional 60 shares during the period. Townsquare Capital LLC grew its stake in shares of Interactive Brokers Group by 1.2% in the third quarter. Townsquare Capital LLC now owns 5,456 shares of the financial services provider's stock worth $760,000 after acquiring an additional 67 shares during the last quarter. TD Private Client Wealth LLC grew its stake in shares of Interactive Brokers Group by 0.3% in the third quarter. TD Private Client Wealth LLC now owns 19,797 shares of the financial services provider's stock worth $2,759,000 after acquiring an additional 69 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of Interactive Brokers Group by 66.4% in the fourth quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider's stock worth $31,000 after acquiring an additional 71 shares during the last quarter. Finally, Lebenthal Global Advisors LLC grew its stake in shares of Interactive Brokers Group by 1.1% in the fourth quarter. Lebenthal Global Advisors LLC now owns 7,187 shares of the financial services provider's stock worth $1,270,000 after acquiring an additional 78 shares during the last quarter. Institutional investors own 23.80% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of research firms have weighed in on IBKR. UBS Group lifted their price target on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. StockNews.com downgraded shares of Interactive Brokers Group from a "hold" rating to a "sell" rating in a research note on Monday. Citigroup lifted their price target on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Piper Sandler reiterated an "overweight" rating and set a $210.00 price target (up previously from $200.00) on shares of Interactive Brokers Group in a research note on Wednesday, January 22nd. Finally, The Goldman Sachs Group lifted their price target on shares of Interactive Brokers Group from $171.00 to $195.00 and gave the stock a "buy" rating in a research note on Tuesday, December 3rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $204.13.

Insider Activity at Interactive Brokers Group

In other news, Director Jill Bright acquired 135 shares of the firm's stock in a transaction that occurred on Friday, January 31st. The stock was purchased at an average price of $219.51 per share, for a total transaction of $29,633.85. Following the completion of the acquisition, the director now owns 2,476 shares in the company, valued at $543,506.76. This trade represents a 5.77 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 2.99% of the company's stock.

Interactive Brokers Group Trading Up 3.2 %

Shares of NASDAQ:IBKR traded up $5.46 during trading on Wednesday, hitting $178.15. 1,628,613 shares of the company's stock were exchanged, compared to its average volume of 1,158,588. Interactive Brokers Group, Inc. has a 1-year low of $103.69 and a 1-year high of $236.53. The firm has a 50-day moving average price of $203.99 and a two-hundred day moving average price of $176.07. The firm has a market cap of $75.28 billion, a P/E ratio of 25.23, a PEG ratio of 1.59 and a beta of 0.99.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $2.03 EPS for the quarter, topping the consensus estimate of $1.81 by $0.22. The company had revenue of $1.39 billion during the quarter, compared to analysts' expectations of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. Interactive Brokers Group's revenue was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.52 EPS. As a group, research analysts predict that Interactive Brokers Group, Inc. will post 7.46 EPS for the current year.

Interactive Brokers Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date was Friday, February 28th. Interactive Brokers Group's dividend payout ratio is currently 14.16%.

About Interactive Brokers Group

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.